Macro Venture Group

What Is This Scam?

Macro Venture Group, also referred to as Metro Venture Group, is a fraudulent operation that has been formally warned against by the Ontario Securities Commission (OSC). The entity operates through the website macroventuregroup.com and uses the trappings of a legitimate investment firm to solicit money from unsuspecting consumers. The OSC has issued a public warning urging investors to avoid this operation and to report any contact received from individuals associated with it.

This type of fraud, commonly known as a clone firm scam or impersonation scam, involves criminals setting up a convincing-looking business identity — complete with professional websites, branding, and sometimes falsified credentials — to trick consumers into believing they are dealing with a regulated and trustworthy company.

Who Are They Impersonating?

At this time, the specific legitimate company being impersonated by Macro Venture Group has not been publicly confirmed in available regulatory disclosures. However, the use of two closely related names — Macro Venture Group and Metro Venture Group — is itself a common tactic used by fraudsters. Operating under multiple similar names allows scammers to confuse victims, evade detection, and continue soliciting investors even after one identity has been flagged by regulators.

Domain Information

The website macroventuregroup.com was registered on July 6, 2008, making the domain approximately 17 years old at the time of this alert. While an older domain age can sometimes lend an air of legitimacy, it is important to understand that fraudsters frequently purchase aged or previously used domains specifically to avoid the suspicion that comes with newly registered websites.

The domain is registered through Namecheap Inc. and the registrant country is listed as Iceland. This is a notable detail: if the company claims to be a Canadian investment firm operating under Ontario jurisdiction, a registrant address in Iceland is inconsistent with that claim and warrants serious caution. Legitimate Canadian investment firms typically have verifiable Canadian business registration and contact details that align with their claimed location.

Red Flags

• The Ontario Securities Commission has issued a formal public warning against this entity.
• The operation uses two different names — Macro Venture Group and Metro Venture Group — which is a common tactic to obscure identity and evade regulatory action.
• The domain registrant country is Iceland, which conflicts with any claimed Canadian business identity.
• The domain was registered via Namecheap, a registrar commonly used for privacy and ease of anonymous registration.
• No verifiable information about a legitimate company being impersonated has been publicly confirmed, suggesting this may be a fabricated entity rather than a clone of a specific real firm.
• Investment firms soliciting Canadian investors are required to be registered with the appropriate provincial securities regulator; always verify registration before investing.

What To Do If You Have Been Contacted

If you have been approached by anyone claiming to represent Macro Venture Group or Metro Venture Group, do not send money, provide personal financial information, or engage further with the contact. Keep records of all communications, including emails, phone numbers, and any documents provided to you.

Report the contact to the Ontario Securities Commission using the reporting tools available on their official website at osc.ca. You should also report the fraud to the Canadian Anti-Fraud Centre (CAFC) and, if you have suffered a financial loss, to your local police. Notifying your bank or financial institution immediately is also strongly advised if any funds have already been transferred.